The Alarming Dollar Connections Between Oil Plunge And Germany's Sudden And Shocking Collapse

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • May 8, 2023 at 5:15 AM EDT

It was not a good week for long oil traders or those betting on the economy and inflation. Prices were down huge Monday and Tuesday last week before suffering a flash crash Wednesday/Thursday.

Time, Time Management, Stopwatch, Industry, Economy

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It was not a good week for long oil traders or those betting on the economy and inflation. Prices were down huge Monday and Tuesday last week before suffering a flash crash Wednesday/Thursday. These together implicate bad liquidity as much as a bad economy. As does the utter and worrisome collapse in Germany's goods sectors.

Video Length: 00:18:11

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Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

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